Canada vs Guinea-Bissau: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Canada
- Guinea-Bissau
How they compare
Canada currently reports 156.98 billion current LCU against 126.91 billion current LCU in Guinea-Bissau, a difference of 30.07 billion current LCU.
That makes Canada's figure about 1.2 times Guinea-Bissau's.
The two have swapped places 4 times across 8 shared years of data; in 2017 it was Canada ahead.
Canada ranks 51st and Guinea-Bissau ranks 53rd of 136 countries.
Across the 2 decades both report, Canada averaged higher in 1 and Guinea-Bissau in 1.
Head to head by decade
| Decade | Canada | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 24.42 billion current LCU | 31.73 billion current LCU | 7.31 billion current LCU | Guinea-Bissau |
| 2020s | 171.82 billion current LCU | 95.76 billion current LCU | 76.06 billion current LCU | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Canada or Guinea-Bissau?
- Canada, at 156.98 billion current LCU against 126.91 billion current LCU in Guinea-Bissau as of 2024.
- What is the difference in net incurrence of liabilities, total between Canada and Guinea-Bissau?
- 30.07 billion current LCU, with Canada ahead.
- How many years of comparable data are there for Canada and Guinea-Bissau?
- 8 years are reported by both, from 2017 to 2024.
- How do Canada and Guinea-Bissau rank globally for net incurrence of liabilities, total?
- Canada ranks 51st and Guinea-Bissau ranks 53rd of 136 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net incurrence of liabilities, total (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.